UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE

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In re ELECTROGLAS, INC., eta!., 1 Debtors.

Chapter I I Case No. 09-12416 (PJW) (Joint Administration Pending)

Related Docket No. 4

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ORDER AUTHORIZING THE DEBTORS TO EMPLOY OMNI MANAGEMENT GROUP, LLC AS CLAIMS, BALLOTING, NOTICING AND ADMINISTRATIVE AGENT NUNC PRO TUNC TO THE PETITION DATE
THIS MATTER having come before the Bankruptcy Court upon the application (the "Application"i of the above-captioned Debtors for entry of an order appointing Omni Management Group, LLC as claims, balloting, noticing and administrative agent nunc pro tunc to the Petition Date; and the Bankruptcy Court having found that: (a) it has jurisdiction over the matters raised in the Application pursuant to 28 U.S.C. 157 and 1334(b); (b) this is a core proceeding pursuant to 28 U.S.C. 157(b)(2); (c) the relief requested in the Application is in the best interest of the Debtors, their estates and their creditors; (d) proper and adequate notice of the Application and the related hearing has been given and that no other or further notice is necessary; and (e) upon the record in the Application and in this Order and after due deliberation, good and sufficient cause exists for the granting of the relief as set forth in this Order; it is hereby

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The Debtors are Electroglas,lnc. (EIN 77-0336101) and Electroglas International, Inc. (EIN 77-0345011).

Capitalized terms used but not otherwise defined in tbis Order shall have the meanings ascribed to them in the Application.

Docket No. 32 July 13, 2009

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ORDERED, that the Application is granted in its entirety; and it is further ORDERED, that the Debtors are authorized to employ Omni as claims, balloting, noticing and administrative agent, effective as ofthe Petition Date on the terms set forth in the Application and the Declaration; and it is further ORDERED, that the Debtors are authorized to compensate Omni in the ordinary course consistent with the terms of the Application and the Agreement, without need for further notice, order or approval of the Bankruptcy Court; and it is further ORDERED, that the Debtors, their officers, employees and agents are authorized to take or refrain from taking such acts as are necessary and appropriate to implement and effectuate the relief granted in this Order without further order of the Bankruptcy Court; and it is further ORDERED, that this Bankruptcy Court shall retain exclusive jurisdiction to enforce the terms of this Order.

Dated: Julyl_3, 2009 Wilmington, Delaware

UNITED STATES BAN RUPTCY JUDGE

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